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Sep 26, 2019
FIRST Insurance Funding of Canada (FIRST Canada), the industry leader in insurance payment solutions, has qualified as a finalist for the Best Service Provider Award from Insurance Business Canada.
FIRST Canada received this esteemed recognition for their continuous commitment to innovating insurance payments. With a suite of market-ready API solutions and certified integrations with key industry standard BMS systems, FIRST Canada’s embedded payment solutions have enabled their broker, MGA, and carrier partners to automate their payment process so they can focus on their core business.
Industry partners can streamline their entire workflow including quoting, providing convenient payment options, and obtaining signed contracts via an entirely paperless workflow with eSignature. FIRST Canada’s technical solutions and innovative approach to payments for the insurance industry have greatly improved the process and reduced the workload for industry partners. After implementing automated payment solutions from FIRST Canada, the average partner experienced a 15% increase in net financing and a 69% increase in efficiency within the brokerage.*
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“We are committed to simplifying the payment process for the insurance industry. With our ongoing investment in technology and our knowledgeable team, we have positioned ourselves to continuously adapt to and innovate how the industry accepts payments,” said FIRST Canada CEO Stuart Bruce.
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Winners will be announced at the Insurance Business Canada Awards Gala to be held at The Liberty Grand in Toronto on November 28, 2019.
For more information, visit http://ibawards.ca/.
*Based on analysis conducted by Gradient Solutions
About FIRST Insurance Funding of Canada
FIRST Insurance Funding of Canada (FIRST Canada) provides the Canadian Insurance Market with innovate payment solutions. Brokers, MGAs, and carriers can partner with FIRST Canada and expand their offering to provide more value, choice, and convenience for all their clients. The combined strength of FIRST Canada’s dedicated team, evolved offering, and innovative platform positions its partners to meet the demanding future of the Canadian Insurance landscape armed with market-leading solutions for success. FIRST Canada is part of Wintrust (Nasdaq: WTFC) a financial services company with more than $33 billion in assets and a part of the largest premium finance companies in North America. Follow FIRST Canada on LinkedIn and Twitter. For more about the company, visit www.firstinsurancefunding.ca.
FIRST Canada contact:
Stuart Bruce, CPA CA
CEO, FIRST Insurance Funding of Canada
stuart.bruce@firstinsurancefunding.ca
416 216 1788